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As the Price Level Increases,the Amount of Goods and Services

Question 55

Multiple Choice

As the price level increases,the amount of goods and services that consumers,businesses,and governments desire to purchase will change.How will this be illustrated?


A) a leftward movement of the aggregate demand curve
B) a rightward movement of the aggregate demand curve
C) a movement upward along the aggregate demand curve
D) a movement downward along the aggregate demand curve
E) the price level change causes the aggregate supply curve to shift,bringing the economy back into equilibrium

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